COURSE SUMMARY

Fundamentals of Energy Futures is a one-day course presented by the energy training experts at Mennta Energy Solutions. This highly interactive workshop is a great introduction to exchange traded futures contracts. Delegates will leave with an in-depth knowledge of futures contracts and markets - specifically those related to energy. This introductory one-day course includes a trading simulation and a comprehensive review at the end.

Includes Online Pre-study ModuleThis course is accompanied by a preparatory course available online. Delegates will receive a web voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this "blended" learning approach, in-class time and learning are optimized.

WHO SHOULD ATTEND?

Class delegates include everyone in the energy industry from trade support staff all the way up to senior management - anyone who needs to learn the basics for the first time or sharpen their skills on futures terminology and trading. This programme deals with many different energy commodities, including oil, gas and electricity.

COURSE CONTENTS

The physical markets

Characteristics

Risks

The development and characteristics of futures contracts

Physical Market Risks

Prerequisites for a futures market/contact

The importance of contract standardization

Where and how energy futures contracts are traded

Delivery of futures contracts

Futures trading timeline

Long vs. Short positions

Key energy futures exchanges and contracts

Trading

Clearing

How to mark-to-market (realized vs. unrealized profits and losses)

Players in the futures markets

Types of hedgers

Speculators

Market makers

Role of the futures markets in price discovery

The importance of seasonality and other supply and demand metrics

Spreads

Types

Execution

Measuring the market with volume and open interest

The importance of liquidity

The roles of the clearinghouse

The use and purpose of Initial and Variation Margins

Other delivery options: ADPs and EFPs

The problems of basis risk

Types of orders: Stop, Limit, and Market

TESTIMONIALS

Course is lively and keeps you moving. It is not your typical classroom setting. It was great! K.S., NRG Energy